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, this is "the daily show with jon stewart." captioning sponsored by comedy central [theme song playing] [applause] >> jon: hey, everybody. welcome to "the daily show." my name is jon stewart. we have a very special show, very special guest tonight. medal of honor recipient sergeant first class leroy petry will be joining us on the program tonight. we're honored. we begin tonight, of course, with the looming crisis. as you know, on august 2nd, if america fails to raise the debt ceiling, we default on our debt. people lose the capacity to love. [laughter] and animals lose the capacity to lick their own genitals. that's right. if we don't raise the debt ceiling on august 2nd, man will be sentenced to an eternity of licking our own pet's genital, because what would we really do? let them dry out? of course not. [laughter] so hopefully our president, barack obama, can in one swift rooseveltian "we have nothing to fear but fear itself" moment ease the american psychoi can. >> can you tell the folks at home that no matter what happens the social security checks will go out on august 3rd. >> i
>> reporter: take care, everybody. jon: and good morning to you as we begin "happening now" on this monday, a very special welcome back to jenna lee. jenna: thank you very much. jon: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms o
gop white house hopeful backing the debt increase is former utah governor jon huntsman, who's called the boehner bill a good step. >> the boehner plan at least begins that process of cutting, that i think is terribly important. the president has shown no leadership. he doesn't have a plan on the table. my opponents in this race haven't even come up with what they support. >> but all the republican presidential candidates do support spending cuts and oppose tax hikes. sarah palin calls the boehner bill a gop retreat while she accuses the president of trying to scare voters into accepting more government spending, but she's not actually above political threats herself and she warned republicans on facebook today that everyone she talks believes in contested primaries. she sides with tea partiers against a debt hike and will join a tea party rally in iowa around labor day weekend, right about the time she says she'll make a final decision on whether she's running or not. bret? >> bret: makes you go hmm. carl, thank you. a spokesperson for new jersey governor chris christie says the gove
? or 34 times? i'll tell you in just a second. stay wesw me. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. >>> so 17 minutes past the hour now. before the break, we were asking you, do you realize how many times a debt ceiling has actually been raised since 1962? 110 times, 74, or 34? according to the congressional research service, the answer is 74 times. and ten of those increases has occurred since 2001. getting to the 75th time is proving to be a doozy. that deadline for the debt ceiling deal just a few days away now. it's coming up on tuesday. if there is no agreement, then the government could start defaulting on loans
a weak debate and bachmann is dominating headlines. he'll raise between 4 and 5 million-dollar. jon huntsman can raise g.o.p. bucks. herman cain has strong tea party support but little fund fundraig prowess. >> in six hours they have to stop taking contributions. when its added up next fall and look at the special interest money there's a 2 to $3 billion campaign. >> it looks like tim pawlenty and jon huntsman will be the same money total. >> that's right. the difference being pawlenty is the entire three months and jon huntsman just got in. his $4.1 million raised which he doesn't have to file for a is a good achievement so quick. >> bret: in tonight's segment on -- saving the economy, a look at federal regulations. the time it takes to implement them. shannon bream reports if there's a certainty, it's uncertainty. >> in the next ten years, maybe more, investors, entrepreneurs, business owners, are going to be in limbo. >> reporter: each time a federal law is passed regulations that outline the law are issued by agencies but that takes a great deal of time, especially when it comes
public affairs programs. tonight on road to the white house, republican regimental candidates at -- jon huntsman's remarks at a rally. then periscope, restoring america's financial future. and another chance to see q&a with nicholas be. nick gillespie.the lusb a meeting at the white house rather than earlier this evening and president obama met with congressional leaders for about an hour and 15 minutes to talk about the deficit reduction plans. the white house plans to put forward a package of $4 trillion worth of cuts that they last night, house speaker john boehner said republicans would not accept a plan that includes tax increases. they want to include cuts of up to during talks led by vice president biden. mitch mcconnell echoed the speakers' remarks, saying that it was a bad idea with the economy. for the increase is of a second. two of the president's top advisers say he will continue to press for his plan. the white house chief of staff and treasury secretary said the president going into the meeting wanted a deal that combined spending cuts, an entitlement reforms and tax incr
minnesota governor, tim pawlenti. at 4:00 p.m. ,hear but "face the nation," with the bild daily, jon kyl, and senate majority whip dick durbin. the five network tv talk shows are barred -- brought to you as a public service by the networks and cspan. re those-airs begin at noon, eastern time. you can listen to them all on cspan radio 90.1 in the washington, d.c. area and satellite radio nationwide at channel 119. you can also go online to cspan re.org. >> it is a behind this? look. the l.a. times says this should be required viewing. this is cspan's original documentary, "the library of congress." it is sunday night at 9:00 eastern on c-span. >> what would that have been like to have met these people when you did not know the ending? >> author eric larsen follows adolf hitler and the third reich in his latest book. >> i started looking for characters through whose eyes i could tell that story. ideally, outsiders, ideally americans, and that is when i stumbled upon a e diem. dodd the first ambassador to nazi germany's >>. that is to night on"q &a." >> if you want to be informed about what
that to happen. >> with that let me bring in our team. jake tapper, jon karl on capitol hill. jon, given the deadlock, the senate republican leader mitch mcconnell says he doesn't think a deal can be reached so calm up with a last-ditch fallback. >> reporter: last choice option, only if the talks completely collapse. it's complicated but the bottom line is, it would give the president the authority on his own to gradually raise that debt ceiling by $2.5 trillion between now and the election. the political burden is all the president's. he can do it without spending cuts and even in the face of opposition from the majority in congress. i talked to a lot of republicans in the house, rank and file, who say it's not acceptable. they want real spending cut, a lot of them and nothing else. >> there's no guarantee of spending cuts even though it would avoid tax increases. any openness in the white house to that and where do they think the talks are right now? are they as pessimistic as mr. mcconnell? >> reporter: well, mcconnell's deal sent two signals to the white house, one, good news to them
are really embracing it as a way to draw others out. for instance, jon huntsman who is struggling in the polls now is really trying to use this as a referendum on mitt romney's leadership. not necessarily coming out saying he backed boehner's planning saying it's in the right direction, that he agrees that there should be no tax revenue and no tax hikes. so he's really trying to land some hits on romney in this instance. and, of course, all of them are using this to really make this argument that barack obama hasn't led, that he has no plan of his own, and that he is really a big spending liberal who has really presided over this massive increase in spending and deficit spending. >> right. so with the president's overall approval rating hitting a new low, it's now just 40%, do you think this debate helps or hurts the president in 2012? if everything gets done and over with here and we have an end of the summer sort of the heat and rhetoric all calms down, will this be a factor this time next year? >> i think it will definitely come up again. on the one hand, you're going to have r
: one of the big stories we will be following the next two hours, jon scott, standing by with a preview of "happening now". julie juliet: >> by the time we join you 12 minutes from now, 12 minutes will have ticked away, heading towards the debt limit and a tea party tempest as tea party backed republican freshmen get the run of the house. senator lindsey graham says this nation is becoming greece. he's our guest. and bret baier on winners and losers on this, and, baby it is hot outside! 17 states with extreme heat and the republican race for president could get hotter. governor rick perry may be getting closer to jumping into the race for the white house and is making those kind of noises, at least. we'll take a closer look at his prospects, coming up, happening now. jamie: thanks, jon. lots to cover? thanks, jamie. jamie: they grew up together and now, they plan to serve together, a set of quadruplets set to serve their country. what do their parents have to say about all of this. >> i don't know how we'll react. >> i'm so close to all four, so it is harder. it is harder for me to see
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boehnor, eric canton, mitch mcconnell, jon kyl, collectively they passed 19 votes during the bush administration to raise the debt ceiling, just those four guys. raising the debt ceiling is not something that usually has a big fight over it. sometimes it does, sometimes part of congress tries to leverage this vote because it's something that absolutely has to pass. in the same way crafty politicians will sometimes attach unrelated things to the pentagon budget because the pentagon budget everybody agrees has to pass, in that same way, politicians in the past tried to attach things to the debt ceilings. they not only failed, they so misunderstood the dynamics of their own party, john boehnor is so bad at his job, a political pundit at 9:00 p.m. on nbc, using this as a metaphor of what just happened to them. the breeze helps, i think. republicans blew it. they totally, utterly, 100% blew it, and today they had to essentially surrender. >> republicans senate leader mitch mcconnell presented. >> after weeks and months of fighting about it, senate republicans today proposed allowing pr
the talks by vice president biden. the majority leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presen
in for jon scott. patti ann: i'm patti ann brown in for jenna lee, we are in the fox news room, "happening now", in the debt showdown, both sides digging in their heels before the debt defaults week away and the entire state of the u.s. economy hanging in the balance. now the president vows to keep calling meetings on cutting the the decifit and raising the limit on america's credit card until there is some sort of agreement. gregg: but the gop is standing firm against tax increases, while the president and democrats insist it has to be part of any equation that cuts benefit programs, for example, medicare, and house speaker john boehner, well now, he is squarely blaming the president, saying the debt limit is his problem, adding that the president talks a good game, but when it comes time to make these tough decisions, he can't quite pull the trigger. patti ann: and wendell goler right now is live at the white house with the very latest on the the debt debate. hi wendell. >> >> reporter: hi patti ann. it's going to be almost as hot in the cabinet room as it is out here, when the president
manager joel. joel quit the band to work with us. he's 60 today. you look great. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. you noticed! these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories. ♪ you know how i feel i'm loving weight watchers pointsplus program and the edge it's giving me. ♪ freedom is mine ♪ and i know how i feel i never feel deprived. you know how freeing that is? ♪ it's a new dawn, a new day i feel good. i feel good. i feel go
. paul, what do you have? >> reporter: let's talk -- start with jon huntsman. i guess call it 2.0. remember, he jumped into the race for the white house about a month or two ago? a lot of fan fare but not rising in the polls. in fact, not doing much at all in the polls. what do you do? i guess you shake things up if that is the case. changes campaign manager last week. now a newer maybe tougher jon huntsman on the campaign trill. heard it yesterday in new hampshire. aggressive going after president obama and aggressive going after mitt romney who is considered i guess right now in the early stages of this race the front-runner for the gop nomination. campaign aides to huntsman say expect to hear more of that. >>> george pataki, i guess we have to talk about him. three terms in the '90s and last decade as well as governor of new york. he is in new hampshire today and tomorrow. last week, in iowa. the first two states in the presidential primary and caucus calendars calendar. does this mean he is thinking about running for the white house? yeah, an adviser to him, a spokesman says
the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
bulbs. bill: "happening now" is in 11 minutes, rick folbaum is in for jon scott. rick: coming up on "happening now", the president as you've been saying getting set to speak to the country on the debt crisis in about ten minutes or so. we've got analysis with an all star lineup including bret baier out of washington and we want to hear from you. go to foxnews.com/happening now, click on the america's asking tab and weigh in. also is the exclusion to cyber spying and crime a second internet? we'll have more on that idea. >>> and the story of the bible's bad guys, the historical facts that are being uncovered in the israeli desert, coming up at the top of the hour on "happening now". back to you guys. bill: we'll take that mystery right on, rick, thanks, see you soon. >>> getting breaking news right now out of damascus, we reported about an hour ago that the u.s. embassy had been surrounded by a mob for about three days, that mob broke into the embassy by use of a battering ram, they did not breach the husbanding complexity self, however, because u.s. marines on guard fought them b
every day. you've been watching. you see how we do it. but it's nothing like jon stewart. >> the president continued, "i have shown enormous willingness to compromise." >> mr. obama then left, saying, "i'll see you tomorrow." >> oh, [ bleep ]! oh, no, he didn't. the president all stormed out and was like, okay, tomorrow then. [ laughter ] what? that's not storming out. that's ending a meeting by scheduling the next meeting. >> political buzz is your rapid-fire look at the hottest political topics of the day. three questions, 20 seconds on the clock. and playing today, democratic national committee member robert zimmerman. cnn contributor and independent john avlon. and republican strategist and columnist for the "hill" newspaper sherry jacobus. first question, guys, while republicans in washington look like they're moving closer to a deal, sarah palin is digging in, advising now is not the time to retreat, it's the time to reload and reload with reality. okay. who's right? sherry? >> you know, i'm with her on this one. this isn't supposed to be easy. i think it should be
, after the media hype, it didn't work. it's passed away. >> we go from jon huntsman to tim pawlenty, a very nice guy, successful minnesota governor. yet the iowa poll that came out suggests tim pawlenty is in big trouble. >> he can't great through. he's on the sunday shows, making speeches at cfr, but he hovers around the 9% margin. if he doesn't make a move quickly, he better watch it. >> a cautionary note on pawlenty. he's been in iowa working for i don't know how long. he's got to be organized for the iowa straw polls in august. i think he's got to outperform whatever present number he has. michele bachmann has been in there three weeks. you have to organize the state and the community. he's probably been in all 99 counties. he might have a surprise showing in the iowa aim straw poll. unless he does, he's in, what was it, deep doo-doo. >> one way to look at it. >> do we arrive at a point where republican candidates -- >> that's the big question. to what degree is this base going to go with anybody but barack? i think romney will prove that out. the race is so unsettled at this po
now. for better or worse, we'll start talking about mitt romney and jon huntsman and the mormon church, just as we talked about president obama and what church he went to. >> thank you for joining in on the qufrconversation. >> you bet. >>> taking a trup to l.a. they even raised the money they needed until they saw the bill for the airline fees. would you like to have a look at a map, my lad? ah, why not? shall we check on the status of your knighthood? yes. again? yes, again, please! thank you. with my digital manservant, i'll never be homesick again. would you like me to put the kettle on, sir? no, i'd like you to get rid of that ostrich. it's been here a month. [ male announcer ] think, type, go. with just type. only on the new hp touchpad with webos. >>> they love to sing their hearts out and the choir, heart of all nations, wanted to take it on the road. the inner city church even raised the 25 grand to pay for the airline tickets out there. it turns out that just wasn't enough. spirit airlines said the crew would have to pay an additional $6,000 for the group's equipment to go al
bernstein and contributing editor gabe sherman. it's kind of funny, what jon stewart said. >> he is funny. what's your point? >> it's kind of not funny, too. seriously. >> it's fascinating. are you doing the reporting? >> i have been. writing a series of web pieces. this is just an epic story. the amount of headlines every day coming out of this story. this, on a normal day would be, you know, a month long story. every headline would have a long shelf life. yet, they keep coming. to me, the next step is what does this mean for the future of news corp. and rupert murdock. who is going to step in if there's a management takeover. >> you talked in your last piece that i read how this seems counter intuitive but it's good for roger ayles. >> for once, all the critics are not talking about fox. fox is not involved in this, as far as we know in the hacking saga. it's a legitimate business. what's going on with murdock's tabloid has nothing to do with fox news. >> explain how his enemy's within his family and news corp. are going up in flames now. that leaves ayles stronger. >> that's been roger
alluded to looking at this field that is coming together over the next several days. jon kyl rarely does anything by mistake, the republican of arizona, number two in the senate. he rarely ever utters a word by mistake. but accident. so i think that was pretty telling. it would be easy enough for them to extent the debt limit for a couple of days to buy them some time. they have always said they would do it if they knew they were close to a deal coming together. >> jenna: so what does this look like? being that you have been able to walk the halls there in congress, and see what the work is like being done. so what is actually happening behind closed doors right now? are they writing up a bill? is something starting from scratch? are they amending something already out there? what needs to be done before it could even start its way through congress, whatever path that is? >> remember, they have been doing this in one shape or another for almost a year now, believe it or not. they have a menu, what aides will describe often as a menu of options. and there is nothing that is really going t
'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. ♪ >> it's 46 past the hour. i have a lot of good ones, so be quiet. the first one, i found on saturday and i love it. he points out the hypocrisy beyond bough leaf of not having elizabeth warren head up the bureau. this coming week will be elizabeth warren's last at the bureau. now they have another person who is being nominated and headed up and the republicans are making hey over that and will try to block as well, and they do not want the bureau to function. does anybody disagree? no. >> i don't think wall street wants it to function. i don't think business interests wants it to function. >> seriously. >> but i believe that this bureau is now part of
% and jon huntsman with the excitement of his launch, 2%. romney, sticking his economic message and letting the craziness go on around him. >> they have run a very good opening portion of their campaign except one part of it. i'm surprised at the money. it's under $20 million. while it lasts, it's fine in compareson. four years ago, he was less known. you wonder where is the establishment. there's still a pot of money sitting on the sidelines that has gone to no one. maybe they are waiting for an alternative or say romney is figuring this out, he's on message, fine. all of a sudden, the second quarter number for romney is greater than the first. that could put away the race earlier than expected. that's the one part that surprises me. romney failed to ignite the money crowd around him and he's been flawless on message. >> the twitter town hall, we must clarify, the questions are twittered in. tweeted in. >> and the president doesn't type. >> it's not 140 characters. >> no hash tags. >> all right. what is the point behind it? a new way of reaching out and social networking. it hey, look at t
leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presented a united front before the gop conference whi
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 45 of about 46 (some duplicates have been removed)